 | Shipping Plagues: Rising Oil Prices, Declining Freight Rates & Vessel Oversupply
At Singapore’s Asia Pacific Maritime conference, many shipping companies expressed their concern for the industry’s current state in regards to oversupply of vessels, rising oil prices, and falling freight rates. Key members of the industry believe it will take another two years or so for shipping liners to recover...
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 | 2 Dead, 6 Missing in South China Shipwreck
Two people are dead and six are still missing as the result of a shipwreck in south China's Guangxi Zhuang Autonomous Region earlier this week. Authorities confirmed reports as of Tuesday. The passenger vessel collided with a cargo ship loaded with porcelain clay on the Xunjiang River in Guiping city. A reported 30 people...
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 | Petrobras Offshore Drilling Rig Suffers Fire & Drilling Fluid Leak
Petrobras, Brazil’s state-controlled oil company, reported a fire and drilling-fluid leak breaking out onboard an offshore drilling rig just northeast of Rio de Janeiro in the Albacora Field. Following the incident, the platform listed about 3 degrees from normal. The fire was under control rather quickly and the platform...
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 | IMO Reaffirms Commitment to Domestic Ferry Safety After Recent Disasters
IMO Secretary-General Koji Sekimizu has offered his condolences and sympathies to the families of all those who lost their life aboard the passenger ferry Shariatpur-1, which sank yesterday (13 March 2011) after being hit by a small cargo ship in the Meghna River, south-west of the...
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 | Coast Guard Interdicts 3,532 Pounds of Cocaine in Caribbean Sea
The crew of the Coast Guard Cutter Northland interdicted 3,532 pounds of cocaine from a 35-foot go-fast vessel in the Caribbean Sea March 3. Northland crewmembers confiscated 54 bales of cocaine, worth a total wholesale value of...
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 | Secretary LaHood Announces $54 Million for USMMA Campus Renovations
U.S. Transportation Secretary Ray LaHood took part in a town hall meeting with midshipmen, faculty and staff at the U.S. Merchant Marine Academy in Kings Point, NY, to announce $54 million for additional campus construction and renovations. While at the Academy, he also announced the next step in the Academy’s strategic planning...
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 | USS Kearsarge Displays Navy Energy Initiative
The amphibious assault ship USS Kearsarge (LHD 3) hosted the Senate Committee for Energy and Natural Resources and Chair of the Subcommittee on Water and Power, aboard March 12 to discuss Navy and Marine Corps energy initiative programs. The committee members toured...
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 | Cruise Shipping Miami's State of the Industry Session Tackles Industry Issues
The opening plenary session of the 28th annual Cruise Shipping Miami event got under way Tuesday with a full range of cruise industry issues and topics addressed by top cruise executives. Since last March, the cruise industry reached record passenger levels, sailing to more than 120 countries, establishing new destinations,...
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 | RPG Completes USNS Howard O Lorenzen Commissioning
Resource Power Group successfully completed the installation, commissioning, and warranty for three (3) MaK 12V32C medium speed diesel generator sets on board the USNS Howard O Lorenzen TAG-M 25 ship constructed by VT Halter Marine. Resource Power Group was selected by Caterpillar Defense & Federal Products to support this project for...
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 | Metro Ports Appoints New GM - U.S. West Gulf Operations
Metro Ports, a holding of Nautilus International Holding Corp., recently announced the appointment of Troy Gouger to the position of general manager, West Gulf operations. Gouger joins Metro Ports from Ceres Gulf, Inc., where he worked for more than a decade and served...
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 | Transas Marine Launches 'Pay As You Sail' Solution
Transas Marine launches its ‘Pay As You Sail’ chart solution for (S)ENC. Transas received approval for the ‘Pay As You Sail’ service by UKHO, PRIMAR and IC-ENC after succesful sea trials and...
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 | Capital Link’s 6th Annual Invest in International Shipping Forum
18 SHIPPING COMPANIES, ANALYSTS, FINANCIERS, AND MARKET EXPERTS PARTICIPATING AT CAPITAL LINK’S 6TH ANNUAL INVEST IN INTERNATIONAL SHIPPING FORUM IN NEW YORK
MONDAY, MARCH 19, 2012, 7:55 AM - 5:20 PM |
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 | What You Need to Know About ECDIS
What You Need to Know about ECDIS
(Electronic Chart Display and Information System) Presented by:
Justin Mann (Bluewater Books & Charts),
Mike French (IYT) and Mark Theissen (Telemar Yachting) |
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